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Feb 26, 2013
02/13
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makes the fed's job easier because the u.s. starts looking like a sea of calm. we were talking about this. if you were a european and would you look at the situation as if illinois was really starting to go and bang bang up and the federal government had to bail them out. that's sort of what the european investors look like, but i think it reaffirms risk on and risk off and does make the jed's job easier and safe haven, buy u.s. treasuries and don't even have to buy as much. >> go ahead. >> would you have been a buyer given what happened yesterday late in the day. >> yeah, yeah, probably would. >> you have knee jerk reactions on the news and the market got caught off action and that's the way the media portrayed the initial, you know, sentiment and what really came. there was a big disconnect there. >> what do you do in the market, if italy is with us for a long time. the fed chief did say if europe doesn't get itself in order that it will impact our economy overall. do you put that to the side and focus more on the fundamentals of the u.s. economy or not? >> th
makes the fed's job easier because the u.s. starts looking like a sea of calm. we were talking about this. if you were a european and would you look at the situation as if illinois was really starting to go and bang bang up and the federal government had to bail them out. that's sort of what the european investors look like, but i think it reaffirms risk on and risk off and does make the jed's job easier and safe haven, buy u.s. treasuries and don't even have to buy as much. >> go ahead....
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Feb 22, 2013
02/13
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the u.s. postal service®, no business too small. >>> it's gone largely unnoticed but a new report today warns federal retirement pensions could go bankrupt. they could. get this. the unfunded liability of the federal government's pension system surged to $761.5 billion in 2011 and that's up 139 billion from its deficit in 2010. let's discuss this. we have steer moore, keith boykin. steve they are down $760 odd billion. how will this get resolved. it's like social security. >> yeah. by the way, washington, d.c. pension deficit is better than california's. that's a big number you're talking about here. i want to emphasize one thing to the viewers. this has nothing to do with the budget deficit that you guys were just talking about. this is an addition to the trillion dollar deficits we're running. these are not officially on the books. it's money that the federal government owe these federal retirees. i would make two comments about it. number one, as you know, you covered this, the federal pen
the u.s. postal service®, no business too small. >>> it's gone largely unnoticed but a new report today warns federal retirement pensions could go bankrupt. they could. get this. the unfunded liability of the federal government's pension system surged to $761.5 billion in 2011 and that's up 139 billion from its deficit in 2010. let's discuss this. we have steer moore, keith boykin. steve they are down $760 odd billion. how will this get resolved. it's like social security. >>...
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Feb 5, 2013
02/13
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corporates in europe and a week or two later, it hits u.s. financials and then u.s. equities. now, we're about 30%, 40% through that cycle this time. we had a massive blowout in italian yields. 40 basis points? on $2.4 trillion of paper. that is a come los sal move. so, in this case, you've seen the leak over into subordinated financials in europe. so, the banks, in europe, have felt it. so far, the banks in the u.s. have not felt as much. >> b.k.? >> i'm with you on this whole europe being a problem, but the retort to all of this is that europe's fixed. the omt, that's -- that makes europe safe. where do you stand on that? >> the interesting thing in that dynamic is, spain and italy, in the next 30 days, we are a massive corruption scandal in spain. m potentially knocked out of office. in italy, we have -- >> elections. >> elections. and a rising berlusconi. and the last time he was in office, we had 7% yields and a has si pu massive pull-back. the problem is, it all comes down to this sentence. when he says i'll do whatever it takes, he differedn't think he going to have new
corporates in europe and a week or two later, it hits u.s. financials and then u.s. equities. now, we're about 30%, 40% through that cycle this time. we had a massive blowout in italian yields. 40 basis points? on $2.4 trillion of paper. that is a come los sal move. so, in this case, you've seen the leak over into subordinated financials in europe. so, the banks, in europe, have felt it. so far, the banks in the u.s. have not felt as much. >> b.k.? >> i'm with you on this whole...
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Feb 27, 2013
02/13
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and giving us jobs. >> that qualifies as u.s. >> it is giving us money in the u.s. you have chath noog a tennessee, building past sats there and i also think they overlooked on the list the jetta diesel. it is completely overlooked and a hybrid that gets better fuel economy than a lot of had i brids out there. i have a deasel and fell in love with it. i think it is fantastic. she have sigh coming out with their own diesel. >> it is very interesting. are the hybrids going to make it? are the electric battery cars going to make it? >> i think you need to have radical angz in technology to work. they're too heavy. too bulky. too limited in range. so the hybrid is a way of making an even more complicated vehicle because now you have combustion engine plus an electric one. i frankly think that better than that would not gas powered thing. >> i owned a hybrid suv and i won't name the name, but it was a disaster. thank you. you're all great to do this. that's it for this evening's show. i am larry kudlow. i own an american car and didn't get a bailout either. we will see y
and giving us jobs. >> that qualifies as u.s. >> it is giving us money in the u.s. you have chath noog a tennessee, building past sats there and i also think they overlooked on the list the jetta diesel. it is completely overlooked and a hybrid that gets better fuel economy than a lot of had i brids out there. i have a deasel and fell in love with it. i think it is fantastic. she have sigh coming out with their own diesel. >> it is very interesting. are the hybrids going to...
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Feb 4, 2013
02/13
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s&p has gotten ahead of the u.s. government by putting out its own press release saying it would be without factual or legal merit for the doj to sue. as we previously also reported, there were at least -- there was a desire on the part of the doj to get at least a billion dollar settlement and admission of guilt from s&p to drop the charges. s&p said no thank you. it would be a long time until we go to court, but this is an interesting potential case and certainly an important news story that is having significant pressure on both mcgraw-hill stock price and interestingly on that of moody's despite according to our sources there does not seem to be a case mounted against moody's president . at least at this point. >> selling off just in case though. >> absolutely. we're looking at the stock markets reaction. stay right there. we want to get reaction from brian belski and bob pisani. what about this? when you see a move like this in these stocks while we're waiting. what do you want to do? >> first off it was five ye
s&p has gotten ahead of the u.s. government by putting out its own press release saying it would be without factual or legal merit for the doj to sue. as we previously also reported, there were at least -- there was a desire on the part of the doj to get at least a billion dollar settlement and admission of guilt from s&p to drop the charges. s&p said no thank you. it would be a long time until we go to court, but this is an interesting potential case and certainly an important news...
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Feb 25, 2013
02/13
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>> i think we're in an environment where the u.s. economy in the second half will be stronger than the first half. emerging markets are grabbing hold and no longer declining. so the world is healing, becoming less bad, if i can put it that way. i want cyclicals in my proposal, industrials, energy company or mrl here or there. in defense, i like health care, the kinds of name, free cash flower ieoriented that i think n win. >> appreciate your time on the program. see you soon. >>> up next, we're "on the money" speaking out about entitlements and america's future. the march 1 deadline draws near. what all of washington is waiting for when it comes to cutting, spending and the road ahead. >>> plus technology may be where the jobs, what it means for local businesses. i'll talk to new york's top tech geek. >> legendary former hedge fund manager stany druken miller and education reformer, jeff canada teamed up to raise awareness and a warning about what they say is a much bigger problem than sequestration. that is the debt. this week i spo
>> i think we're in an environment where the u.s. economy in the second half will be stronger than the first half. emerging markets are grabbing hold and no longer declining. so the world is healing, becoming less bad, if i can put it that way. i want cyclicals in my proposal, industrials, energy company or mrl here or there. in defense, i like health care, the kinds of name, free cash flower ieoriented that i think n win. >> appreciate your time on the program. see you soon....
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Feb 5, 2013
02/13
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i think the u.s. is kind of okay. it's a great time to double down on some of the issues that got beaten up overnight. >> don luskin, it's not a throwaway line. here's obama on the super bowl interview. the guy's talking about raising taxes. he needs to go after investment partnership. harry reid wants to go after oil and gas companies and lord knows what. that kind of tax carpet bombing would generate a correction in the market. the market absorbed the last tax hike okay. but we don't want to push our luck, it seems to me. >> i think we're pushing our luck already. the market has yet to wake up to the reality of the last tax hike. the problem is obama puts the threats out because this is his way of premeg nating with republicans who are going to come to him in the debate about the sequesters and continuing resolution. obama is saying, don't even talk to me about entitlement reforms. if you oh mention those words it will be tax, tax, tax. i will control the public dialogue and that's all we'll e talk about. guys, fold
i think the u.s. is kind of okay. it's a great time to double down on some of the issues that got beaten up overnight. >> don luskin, it's not a throwaway line. here's obama on the super bowl interview. the guy's talking about raising taxes. he needs to go after investment partnership. harry reid wants to go after oil and gas companies and lord knows what. that kind of tax carpet bombing would generate a correction in the market. the market absorbed the last tax hike okay. but we don't...
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Feb 14, 2013
02/13
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she may be wanting to have a baby here in the u.s. this is a convenient way for them to have a temporary residence in new york on the boat. for now within we just don't know why this big boat is here. in the meantime, it will attract a lot of attention. >> robert, thank you very much. we were speculating they may be refueling. there are some that you marry and those that you divorce. same things goes for stocks. to grow, we have to boost our social media visibility. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that's better than a few "likes." i don't have the door code. who's that? he won a contest online to be ceo for the day. how am i supposed to run a business here without an office?! [ male announcer ] fast, reliable deliveries worldwide. fedex. >>> there you go. well, it is valentine's day and trading like mand
she may be wanting to have a baby here in the u.s. this is a convenient way for them to have a temporary residence in new york on the boat. for now within we just don't know why this big boat is here. in the meantime, it will attract a lot of attention. >> robert, thank you very much. we were speculating they may be refueling. there are some that you marry and those that you divorce. same things goes for stocks. to grow, we have to boost our social media visibility. more...
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Feb 11, 2013
02/13
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the u.s. government versus standard & poor's. the most aggressive move yet to hold accountable a company at the center of the financial melt down of 2008. the $5 billion civil suit charges s&p intended to defraud investors by giving securities created from subprime loans aaa ratings they didn't deserve. the attorney says not so fast. >> the government has to show in this case not that a lot of people lost money because of the investments. government has to show the s&p literally disbelieved its ratings. >> meanwhile it was a choppy week for the markets. the dow with the worst day of the year monday falling triple digits and getting most of it back on tuesday. market residence bounded later in the week. what's next? >> i think we'll have a correction. the market started with investors complacent. now they are almost euphoric. everybody you have on the program thinks the market is going higher. the market, when it has a good january usually has a great year. there is a feeling of comfort. we hav
the u.s. government versus standard & poor's. the most aggressive move yet to hold accountable a company at the center of the financial melt down of 2008. the $5 billion civil suit charges s&p intended to defraud investors by giving securities created from subprime loans aaa ratings they didn't deserve. the attorney says not so fast. >> the government has to show in this case not that a lot of people lost money because of the investments. government has to show the s&p...
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Feb 13, 2013
02/13
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the u.s. that's positive. we feel like europe has bottomed out and service provider leadership. but they told the analysts, be cautious in your modeling. so, they're giving these numbers, they feel like they can hit them but they are saying there are headwinds out there, so be cautious. >> jon fortt, thank you for that. keep in mind that cisco is notorious for being a conservative guider. meantime, let's get to the top trades for today. and tim, we go to you. >> well, i'm going to southern texas, also known as mexico, one of the best performing markets in the world. we are sellers of mexico, doing it through the eww. this has been one of not only the best performing markets in the world but a place people have expected higher earnings. they really told you that growth is slowing, so, mexico, i realize a lot of people may be a little bit out of your belly wick, this is an interesting call -- >> is it very core lated to the u.s. market? >> it has been. and one of the reasons with the housing imp
the u.s. that's positive. we feel like europe has bottomed out and service provider leadership. but they told the analysts, be cautious in your modeling. so, they're giving these numbers, they feel like they can hit them but they are saying there are headwinds out there, so be cautious. >> jon fortt, thank you for that. keep in mind that cisco is notorious for being a conservative guider. meantime, let's get to the top trades for today. and tim, we go to you. >> well, i'm going to...
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Feb 14, 2013
02/13
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u.s. >> and in the u.s., the bardesbond in, the rooms start at 600 and go up to $1,200. >> they bottle that, it's called wine. thanks so much. happy valentine's day, everybody. no matter what you do, enjoy it. thanks for watching "street signs." >>> hi, everybody. we enter the final stretch. welcome to the "closing bell." i'm maria bartiromo at new york stock exchange. this market fighting for a close in positive territory, brill. >> the dow is fighting. got the s&p and nasdaq positive, but we're kicking off the final hour watching other stories as well right now, including a huge day for mergers. warren buffett buys heinz. american/usairways form the biggest airline in the world, but so far the stock market seems unimpressed. what message is that saying about where our economy is right now? we'll look at that coming up. >> a lot of implications to see this deal flow pick up steam early in the year. more signs though that the individual investor is dipping his or her toes back into the sto
u.s. >> and in the u.s., the bardesbond in, the rooms start at 600 and go up to $1,200. >> they bottle that, it's called wine. thanks so much. happy valentine's day, everybody. no matter what you do, enjoy it. thanks for watching "street signs." >>> hi, everybody. we enter the final stretch. welcome to the "closing bell." i'm maria bartiromo at new york stock exchange. this market fighting for a close in positive territory, brill. >> the dow is...
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Feb 7, 2013
02/13
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u.s. air, the name -- >> it would be american. the brand is just far too powerful on a global basis especially. that's what you have it look at here. this is all about global aeration game. it is nice to talk about what it means for americans in the u.s. at the end of the day, this is all about having the size on a global basis. >> they should change it to people's express, western piedmont, eastern. >> i'm sure that would go over well with those back -- >> you raised a good point. who is left to merge after this? is this the last of the mega mergers in the aviation world? >> well, what we are eventually moving towards is what happens if we ever get to the point where you see cross border international mergers. almost every country has said no, we don't want to have foreign ownership on a majority level. can you have 25% stake of one airline here in the united states if you are a foreign carrier. that is the next shoe to fall if it falles. but we are a long wayes from that. >> quantis american space. >> no, the kangaroo flies alon
u.s. air, the name -- >> it would be american. the brand is just far too powerful on a global basis especially. that's what you have it look at here. this is all about global aeration game. it is nice to talk about what it means for americans in the u.s. at the end of the day, this is all about having the size on a global basis. >> they should change it to people's express, western piedmont, eastern. >> i'm sure that would go over well with those back -- >> you raised a...
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Feb 13, 2013
02/13
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labor and you know, u.s. labor is very productive and i think it's something that's going to be a cornerstone of how we move forward with the economy. so i'm very encouraged by that, encouraged by some of the companies that are now taking action to do things on american soil. >> that's what's happening for sure, jim, on a broad scale and some big companies, too. jim as always great to see you. thanks so much. >> thank you, carl. >> jim sinegal, former ceo and cofinder of costco. senator marco rubio interrupted his official gop response as you know by taking a sip of water from that poland spring bottle. less than a week after tweeting his frustrations with apple and making a pitch for samsung. other than samsung and poland spring, what product would the senator be a perfect spokesperson for and why? tweet us @squawkstreet, your answers are next. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through
labor and you know, u.s. labor is very productive and i think it's something that's going to be a cornerstone of how we move forward with the economy. so i'm very encouraged by that, encouraged by some of the companies that are now taking action to do things on american soil. >> that's what's happening for sure, jim, on a broad scale and some big companies, too. jim as always great to see you. thanks so much. >> thank you, carl. >> jim sinegal, former ceo and cofinder of...
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Feb 8, 2013
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if not the u.s. stock market, then where? what are the alternatives if in fact this -- this materializes. what's the alternative? >> well, my outlook, maria, is that there's going to be a deflationary scenarios and if it's deflationary there's very few places to put your money. for the first time in a very, very long time, to everyone's surprise, cash may well be king. >> buy japan, maria. it's up 24% off its novello. we just put out a target 1,200, it's 940, 26% above this level. you think you can buy some japan. buy some defensive. there were stocks that went up even during the depression so you want to own your health care and your food and own your beverage and global gorillas that have exposure to the underlying global growth. that's where i think you can hide. master limited partnerships. you'll get yield. buy bce, bell canada enterprise is, the thing yields 5.2%, versus flat a year ago. >> thank you, guys. >> peter, i'll see you next time, and the next time you leave california, don't come when there's a blizzard comin
if not the u.s. stock market, then where? what are the alternatives if in fact this -- this materializes. what's the alternative? >> well, my outlook, maria, is that there's going to be a deflationary scenarios and if it's deflationary there's very few places to put your money. for the first time in a very, very long time, to everyone's surprise, cash may well be king. >> buy japan, maria. it's up 24% off its novello. we just put out a target 1,200, it's 940, 26% above this level....
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Feb 25, 2013
02/13
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>> working on it. >> one top u.s. intelligence official is on record saying that the chinese have already aggressively infiltrated the computer networks of some u.s. banks and are operating inside u.s. electrical grids, mapping out our networks and presumably leaving behind malicious software that could be used to sabotage the system. can a penetrator or a perpetrator leave behind-- >> yes. >> little things that will allow them to be there and watch and look and listen? >> any successful penetration has the potential for leaving behind a capability. >> do we believe that there are--that governments have planted code in the power grid? >> steve, i would be shocked if we were in a situation where tools and capabilities and techniques have not been left in u.s. computer and information systems. >> of all the critical components in the u.s. infrastructure, the power grid is one of the most vulnerable to cyber attack. that's because the power grid is run and regulated by private utilities, which are unbeholden to governmen
>> working on it. >> one top u.s. intelligence official is on record saying that the chinese have already aggressively infiltrated the computer networks of some u.s. banks and are operating inside u.s. electrical grids, mapping out our networks and presumably leaving behind malicious software that could be used to sabotage the system. can a penetrator or a perpetrator leave behind-- >> yes. >> little things that will allow them to be there and watch and look and listen?...
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Feb 18, 2013
02/13
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>> or maybe see their banker when they came to the u.s. >> it was those visits to the u.s. which birkenfeld told the government about that ultimately got ubs in so much trouble. the bank would sponsor lavish events like yacht races in newport and the art basel modern art festival in miami beach to attract wealthy americans. then it flew in its bankers from switzerland to mingle and to try and drum up new clients and conduct business with existing ones. because the swiss bankers weren't licensed to conduct business in the united states, it was a clear violation of american banking laws on u.s. soil, and birkenfeld provided internal documents that proved the length that ubs would go to in order to avoid detection. >> call it a vacation rather than a business trip. rather than saying, "oh, yes, i'm coming to see my private clients here in the united states. and i'm coming in from zurich, switzerland." >> did you bring records into the country with you when you came in? >> generally, no. i did not. my colleagues brought in encrypted laptops. >> encrypted laptops. >> yes, so tha
>> or maybe see their banker when they came to the u.s. >> it was those visits to the u.s. which birkenfeld told the government about that ultimately got ubs in so much trouble. the bank would sponsor lavish events like yacht races in newport and the art basel modern art festival in miami beach to attract wealthy americans. then it flew in its bankers from switzerland to mingle and to try and drum up new clients and conduct business with existing ones. because the swiss bankers...
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Feb 7, 2013
02/13
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the u.s. postal service®, no business too small. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ but that doesn't mean ive don't want to make money.stor. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> down 94. were in triple digits earlier. it is february. what does this expect? it is snow and two storms are heading towards the northeast. they may merge and become a doozy beginning fr
the u.s. postal service®, no business too small. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ but that doesn't mean ive don't want to make money.stor. i love making money. i try to be smart with my investments. i also try to keep...
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Feb 11, 2013
02/13
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aside from providing the u.s. with the ever essential light bulb, edison's very first invention at the tender age of 22 was the universal stop printer. he sold it to the telegraph company for a total of $40,000. a lot of money back then. let's look at top utility companies this year. 127% gain over the year to date, period for oneoke. incredible. >> this next story is an auto person's nightmare. tesla gave a person a car. showing off the electric highway of charging stations to show people, hey, can you take the car on the road, no problem. the problem was, there was a problem. it ran out of juice along the way. listen, phil, you know, they got to give reviewers. cars, right? i get it. this is not an ideal outcome for tesla. >> no. and here is the reviewer, john broader with new york times and this is a picture of the tesla model and it is being towed away, once it runs out of juice. listen, this happens every once in a while. not every review will go perfect and yes, you will have an electric car that will occasi
aside from providing the u.s. with the ever essential light bulb, edison's very first invention at the tender age of 22 was the universal stop printer. he sold it to the telegraph company for a total of $40,000. a lot of money back then. let's look at top utility companies this year. 127% gain over the year to date, period for oneoke. incredible. >> this next story is an auto person's nightmare. tesla gave a person a car. showing off the electric highway of charging stations to show...
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Feb 22, 2013
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do you think the u.s. media is not being strayed in explain why it means for the u.s. economy? >> it gets into an either/or. is the president going to side with the union in his stakeholder base that really need the jobs or with the environmentalists? first of all, this won't make any difference on the greenhouse gases. we're committed to lowering greenhouse gases but it's displacing venezuelan oil so if i can say it again to the american media through you, it's displacing venezuelan oil. canada or hugo chavis? i think it's a pretty simple answer. >> it's a great point to make. sur sure. >> mike: thank you very much. ambassador doer joining us live from caad. does this create the perfect buying opportunity. and later does it get any raise year than this? danica patrick is the first woman ever to take the policy at the daytona 500. the question everyone has now is will she win the race? plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like every
do you think the u.s. media is not being strayed in explain why it means for the u.s. economy? >> it gets into an either/or. is the president going to side with the union in his stakeholder base that really need the jobs or with the environmentalists? first of all, this won't make any difference on the greenhouse gases. we're committed to lowering greenhouse gases but it's displacing venezuelan oil so if i can say it again to the american media through you, it's displacing venezuelan oil....
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Feb 8, 2013
02/13
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yes, we have seen a downturn in u.s. oil price because we have a supply boom at least for oil but crude is what a lot of the fuels are based on and that continues to rise higher as well. i have more information on why you pay such high prices now on cnbc.com. take a look. >> sharon, thank you very much. let's get the latest headlines on the storm from jackie deangeles. she has ventured outside of cnbc's headquarters. a brave person is she. there she is. just feet away. but outdoors. jackie? >> good afternoon, tyler. let me get you updated on the latest. first off connecticut governor has declared a state of emergency. he is urging people it stay off the roads and stay home in preparation for winter storm nemo. at this point, forecasts are calling for 12 to 24 inches on part of the northeast. new york city looking from 6 to 12 inches and of course during blizzard warning as well. also out of new york city. amtrak suspended northbound trains out of new york penn station and the flight cancellations continue as well. the la
yes, we have seen a downturn in u.s. oil price because we have a supply boom at least for oil but crude is what a lot of the fuels are based on and that continues to rise higher as well. i have more information on why you pay such high prices now on cnbc.com. take a look. >> sharon, thank you very much. let's get the latest headlines on the storm from jackie deangeles. she has ventured outside of cnbc's headquarters. a brave person is she. there she is. just feet away. but outdoors....
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Feb 1, 2013
02/13
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however for the u.s. the financial crisis is receding in the rear view mirror and we should be picking up. we think we were stuck in a growth channel centered around 2%, beginning this year probably next year, that growth channel is going to be more like 2.5%. >> what about i know long-term it's difficult enough to do it for this year. do you think 3.5 is on the horizon? >> that's going to be a real stretch. important because of demographics. the best thing we got going for us is that we are very good at extracting a form of energy in the middle part of the country that we don't like to -- that gives manufacturers a comparative -- >> i can't imagine that that's not going to be the thing -- all these other things. there's always something that offsets some of the negatives and i can't believe that's not going to be a powerful thing for us in the future. >> i think so, too. that's how we get to 2.5 demographics are going to be a drag. >> i'm being interested in your perspective. we're not talking about our
however for the u.s. the financial crisis is receding in the rear view mirror and we should be picking up. we think we were stuck in a growth channel centered around 2%, beginning this year probably next year, that growth channel is going to be more like 2.5%. >> what about i know long-term it's difficult enough to do it for this year. do you think 3.5 is on the horizon? >> that's going to be a real stretch. important because of demographics. the best thing we got going for us is...
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Feb 6, 2013
02/13
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it is what gates calls refining renaissance and u.s. refiners are able to produce gasoline more cheaply than elsewhere in the world. that's because the price of u.s. oil right now is just above $96 a barrel. compare that to crude prices from the north sea which is near $116 a barrel. that is $20 discount. the widest we have seen this year and it is makesing gasoline a lot cheaper than it is in other countries. east coast refineries, like new jersey refineries, are shutting down. in the middle part of the country, refineries like the largest one in the midwest from bp spending billions of dollars to expand the refinery so they are able to capitalize on the canadian and u.s. oil in that country. shut downs we are seeing and plan maintenance and repairs at refineries around the country caused a tightness of supply on the east and west coast. this is trackeling down to the biggest losers in all this. that of course is the consumer. higher prices at the pump are a result as traders here behind me are bidding up the price of gasoline futures.
it is what gates calls refining renaissance and u.s. refiners are able to produce gasoline more cheaply than elsewhere in the world. that's because the price of u.s. oil right now is just above $96 a barrel. compare that to crude prices from the north sea which is near $116 a barrel. that is $20 discount. the widest we have seen this year and it is makesing gasoline a lot cheaper than it is in other countries. east coast refineries, like new jersey refineries, are shutting down. in the middle...
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Feb 28, 2013
02/13
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the u.s. economy must be slowing. right? i mean, on account of all that negative stuff people keep talking about. guess what. today made the notion seem fanciful. we got good macro, meaning we saw durable goods data, showing demand for machinery rose the most in two years. how does that happen? it comes on top of the recent increase in container board, the corrugated box stuff that your packages come in, fedex and stuff. one of the most sensitive economic indicators out there and then a $50 increase in sheet steel, it fell from a match by ak steel. and you cannot put through container board and steel price hikes in a weak economy. you would say, no, no. i need more evidence. take a look at transports, incredibly sensitive to commerce. today they rallied the most since july last year. jb hunt, almost up four points, 52-week high. i don't talk about the truckers enough, my bad. i spend too much time on transporters like ups. a name my charitable trust bought more of. and fedex. but the truckers are a fabulous indicator of econ
the u.s. economy must be slowing. right? i mean, on account of all that negative stuff people keep talking about. guess what. today made the notion seem fanciful. we got good macro, meaning we saw durable goods data, showing demand for machinery rose the most in two years. how does that happen? it comes on top of the recent increase in container board, the corrugated box stuff that your packages come in, fedex and stuff. one of the most sensitive economic indicators out there and then a $50...
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Feb 4, 2013
02/13
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trying to get into the sports globery and u.s. providing the software platform for fantasy football. more than 30 million people play fantasy football. billions of dollars. keep an eye on sap. >> i'm shocked people had a good time in new orleans over the super bowl. >> yeah. breaking news. people having a good time in new orleans. >> bourbon street, beads -- >> and various other things. >> and baltimore's beat down. >> okay. let's's talk about the ads, right? so much more than just the sport. personally, i tuned in for the ads. overall feeling from our staff was a collective, meh. julia boorstin, who was the biggest winner in the ad world? >> the biggest winner wasn't an advertiser but social media andand twitter in particular. and over 24 million tweets about the game and halftime show alone plus millions more additional tweets about the ads. perhaps most importantly, twitter helped advertisers make the most of the 34-minute black out wasting in time, ads around surges for power outages began four minutes after the lights went ou
trying to get into the sports globery and u.s. providing the software platform for fantasy football. more than 30 million people play fantasy football. billions of dollars. keep an eye on sap. >> i'm shocked people had a good time in new orleans over the super bowl. >> yeah. breaking news. people having a good time in new orleans. >> bourbon street, beads -- >> and various other things. >> and baltimore's beat down. >> okay. let's's talk about the ads, right?...
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Feb 11, 2013
02/13
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u.s. companies tend to do really well as long as the u.s. currency continues to be cheaper. >> all right. thank you, guys. good to see you both. thanks for joining us today. appreciate it very much. >>> up next, "the new york times" now responding to elon musk about his claim that the newspaper's test drive of a new high-end electric tesla was bogus. phil lebeau will have the latest on that. >>> then the threat of massive spending cuts hanging over the market, coming up i'll talk to gene sperling from the white house today. they want more revenue. representative tom cole says more taxes are off the table. is there any hope of a compromise to be reached? back in a moment. , , you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected sign
u.s. companies tend to do really well as long as the u.s. currency continues to be cheaper. >> all right. thank you, guys. good to see you both. thanks for joining us today. appreciate it very much. >>> up next, "the new york times" now responding to elon musk about his claim that the newspaper's test drive of a new high-end electric tesla was bogus. phil lebeau will have the latest on that. >>> then the threat of massive spending cuts hanging over the market,...
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Feb 25, 2013
02/13
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that there's u.s. components inside of i.e.d.s in iraq and afghanistan. >> the government learned that the u.s. manufacturer had sent the chips to dubai. they were sent on to iran and then given to insurgents in iraq. settles also showed me u.s. items smugglers were caught buying for iran that could be used in their nuclear program. ballistic missile parts. tiny radar components. and these sensitive devices crucial to build a nuclear bomb. >> the pressure transducers. >> pressure transducers. >> yes. it's an integral part of enriching uranium. >> iran may have succeeded in obtaining these. look at this photo of president ahmadinejad in iran's nuclear facility in natanz. >> right behind him is an american transducer looking exactly like this thing. >> yes, the iranians were trying to acquire these transducers. >> one reason it's so hard to enforce the sanctions is that many items iran wants are sold for non-military uses, like this little widget-- a triggered spark gap. >> the triggered spark gap can be
that there's u.s. components inside of i.e.d.s in iraq and afghanistan. >> the government learned that the u.s. manufacturer had sent the chips to dubai. they were sent on to iran and then given to insurgents in iraq. settles also showed me u.s. items smugglers were caught buying for iran that could be used in their nuclear program. ballistic missile parts. tiny radar components. and these sensitive devices crucial to build a nuclear bomb. >> the pressure transducers. >>...
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Feb 8, 2013
02/13
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on the same framework the u.s. market is about 18% below its long-term trend which is positive, and certainly where we're more bullish is international markets where in developed international that's 30% plus below the trend. >> which international markets, like japan or what? which markets? >> well, japan certainly is a fascinating case. you know, here's a market that last saw its highs in the early '90s. it's the cheapest -- on a price-to-book basis that's literally the cheapest developed market in the world but it's also been the ultimate value trap for the year. the difference potentially this year is the changes at the bank of japan and the changes politically that are happening that are causing potentially the independents and the bank of japan to be compromised which somewhat paradoxically could be the best thing for equity markets in japan so i think japan is very interesting here. i think broad developed international is interesting. japan and europe both on our models are inexpensive and both have cat lif
on the same framework the u.s. market is about 18% below its long-term trend which is positive, and certainly where we're more bullish is international markets where in developed international that's 30% plus below the trend. >> which international markets, like japan or what? which markets? >> well, japan certainly is a fascinating case. you know, here's a market that last saw its highs in the early '90s. it's the cheapest -- on a price-to-book basis that's literally the cheapest...
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Feb 21, 2013
02/13
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Feb 20, 2013
02/13
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the u.s. market in the u.s. when we talk about either men i preparedness and moving things we do in the home outside the home. >> during sandy in washington square park jonathan had these set up charging people's phones. that's when i saw it. it was in the times. what does it cost to actually make this thing? >> jonathan cedars with us now. come on in. i see you brought your stove. you are now officially with your stove appropriately enough in what we call the hot seat. we will ask you a few questions here and you get to answer and respond to our families. jonathan, why don't you ask. >> i want to understand, what the connection between the cook stove and home stove? is there a cross subsidies? how does that impact the margin? >> we are not like tom's shoes. it is very different. the camp stove is an accessible market with long-term capital into the emerging markets where over the long run we see a very profitable business but we know it'll take us a longer time and more capital to get there.
the u.s. market in the u.s. when we talk about either men i preparedness and moving things we do in the home outside the home. >> during sandy in washington square park jonathan had these set up charging people's phones. that's when i saw it. it was in the times. what does it cost to actually make this thing? >> jonathan cedars with us now. come on in. i see you brought your stove. you are now officially with your stove appropriately enough in what we call the hot seat. we will ask...
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Feb 19, 2013
02/13
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according to u.s. macizations activity is double what it was the same period last year and the second highest year-to-date total ever, second only to the year 2000. maria. >> thank you so much. kayla. not just retail. investors seeing a pickup in m & a action. warren buffett entered the ring with the buyout of heinz. peter weinberg joins us now. peter, nice to have you on the program. >> thank you, maria. your firm did the nyc ice deal, a number of other deals. advisory business has been incredibly busy. what's behind the new string of deals. >> i think the whole street is busy. all of the m & a departments, here and in left-hand op, are burning the midnight oil. there's some of the old chestnuts we we've had for years frankly. lots of cash. good capital structures, low interest rates so all of that -- nothing has changed with respect to that. what has headached is the market's receptivity to deals. i think it's interesting that the berkshire hathaway stock went up. the comcast stock went up upon their
according to u.s. macizations activity is double what it was the same period last year and the second highest year-to-date total ever, second only to the year 2000. maria. >> thank you so much. kayla. not just retail. investors seeing a pickup in m & a action. warren buffett entered the ring with the buyout of heinz. peter weinberg joins us now. peter, nice to have you on the program. >> thank you, maria. your firm did the nyc ice deal, a number of other deals. advisory business...
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Feb 20, 2013
02/13
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that's right, good, for the u.s. economy. >> but dan greenhouse, also our good friend but not colleague, chief global strategist at btig and also a cnbc contributor says no way, not in the short term at least. we've got both of them with us. larry, you're sitting next to me so you get the pleasure of going first. you think it's going to be good. why? >> any time you can limit government and reduce spending it's a positive for the private sector and it's a positive for growth. we did it under clinton. we did it under reagan. we did after world war ii. in fact from a new book we did it under calvin coolidge so smaller government means less burden and better private sector but let me just break these numbers. >> hold up for just a second. you know how this works in television. let's get to phil lebeau with the tesla newspaper and come back to the conversation on sequestration. >> a wider than expected loss from tesla in the fourth quarter, loss of 65 cents a share versus the estimates on the street of 55 cents a share.
that's right, good, for the u.s. economy. >> but dan greenhouse, also our good friend but not colleague, chief global strategist at btig and also a cnbc contributor says no way, not in the short term at least. we've got both of them with us. larry, you're sitting next to me so you get the pleasure of going first. you think it's going to be good. why? >> any time you can limit government and reduce spending it's a positive for the private sector and it's a positive for growth. we did...
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Feb 26, 2013
02/13
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from a u.s. investors perspective all that matters is stream of stock flows under lying stock price. what happened in italy doesn't kneesly in the short-term or long-term impact that stream. >> you think the path of least resistance for u.s. markets is still up then. >> this is something, one of the smartest guys in our office, we've been talking about this for several days. certainly feels like there's a bias for higher prices. we're looking at a number of internal indicators. some we've talked about on air in the past that suggest for the immediate future the path is probably sideways at best if not lower. >> i would also like to ask about currency, louise. what do you think the implications are for the euro. whas bad for euro means a strong dollar. a strong dollar can in its turn wreak havoc in certain sectors of the u.s. economy. >> absolutely. you've seen the euro fall like a stone, as we got the italian election results came out. you literally watched it fall from buying $1.33 preelection r
from a u.s. investors perspective all that matters is stream of stock flows under lying stock price. what happened in italy doesn't kneesly in the short-term or long-term impact that stream. >> you think the path of least resistance for u.s. markets is still up then. >> this is something, one of the smartest guys in our office, we've been talking about this for several days. certainly feels like there's a bias for higher prices. we're looking at a number of internal indicators. some...
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Feb 14, 2013
02/13
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but then you've got to buy the u.s. equity market very aggressively. i like the technology sector the most. highly leveraged through the accelerating recovery. it's cheap, it's lagged the s&p by almost 70% by january 1. and i've got to say to my wife and three beautiful daughters, be my valentine. >> aww! come on. that's great. thank you so much for that, gary. >> lathe, how are you going to beat that? 30 seconds on the clock. what do you want to prepare for tomorrow? >> hi, maria. tomorrow we're watching the consumer sentiment number and expecting a slight increase. also watching the industrial production number, specifically capacity utilization, as consensus is expecting an increase to 78.9% and the bond market declining as the stock market has gone higher this year, which looks inflationary. but strangely some of the old standby inflationary hedges such as gold seem to be sitting out. keep an eye on them and whether their current support levels will continue to hold. >> all right. we'll watch those support levels. thank you so much, everybody. appr
but then you've got to buy the u.s. equity market very aggressively. i like the technology sector the most. highly leveraged through the accelerating recovery. it's cheap, it's lagged the s&p by almost 70% by january 1. and i've got to say to my wife and three beautiful daughters, be my valentine. >> aww! come on. that's great. thank you so much for that, gary. >> lathe, how are you going to beat that? 30 seconds on the clock. what do you want to prepare for tomorrow? >>...
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Feb 7, 2013
02/13
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we really think that right now the u.s. is the only central bank towards hinting at ending their quantitative easing so we think if the euro dollar breaks 133 we could see finally a selloff that holds in the u.s. >> thank you so much. mike, you're up, your case on why you think china is worth watching. >> with china's economic growth seemingly back on track and because the markets are closed all of next week for the newyear's holiday, we'll watch again tonight when they release their cpi data. this month it's expected around 2%. if they come in above expectations again, we'll watch very closely to see what the people's bank of china has to say about things like lending curves. obviously this is something that has the ability to impact market movement in the morning. >> all right. we'll watch, that and warren, what's topping your watch list for tomorrow? >> well, i'm also watching china and the u.s. both are reporting trade numbers tomorrow, the two largest economies in the world. in china we're looking at their trade balanc
we really think that right now the u.s. is the only central bank towards hinting at ending their quantitative easing so we think if the euro dollar breaks 133 we could see finally a selloff that holds in the u.s. >> thank you so much. mike, you're up, your case on why you think china is worth watching. >> with china's economic growth seemingly back on track and because the markets are closed all of next week for the newyear's holiday, we'll watch again tonight when they release...
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Feb 27, 2013
02/13
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you know, the u.s. treasury is still a safe haven, even though debt is out of hand. rates are still going to be between a percent and a half and 2%, but in terms of growth, it is -- it is the large-cap u.s. stock market. there's no question about that. >> that's what you would sell? >> no, that's where i would go in terms of do i want growth? i would go there but i'd be very cautious. what i would sell is i'd be look at more of my risky assets. i look at mortgage-backed assets and high-yield assets, potentially looking overseas. >> but if we get a bull market, high yield is up today. look at all the high yield etf funds. they are all up today. i want to go back to the question. what would get us a sustained bull market and you laughed at me when i mentioned clarification from washington, but i think the important thing is if we get some kind of deal on deficit reduction, that's going to be a major point. >> a great point. >> thank you gentlemen. appreciate your time. >> right back with the closing countdown. >> yeah, we are. just six minutes away from the bell and bl
you know, the u.s. treasury is still a safe haven, even though debt is out of hand. rates are still going to be between a percent and a half and 2%, but in terms of growth, it is -- it is the large-cap u.s. stock market. there's no question about that. >> that's what you would sell? >> no, that's where i would go in terms of do i want growth? i would go there but i'd be very cautious. what i would sell is i'd be look at more of my risky assets. i look at mortgage-backed assets and...
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Feb 20, 2013
02/13
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government efforts to protect the u.s. economy and supports jobs in the united states. >> guys, that's it from here. they are talking about this very much as a jobs issue. back to you. >> eamon, thank you very much. we'll see you later. heading towards the close. setting lows again for the day right now, mandy. the dow is down 101 points. the markets spooked by the fed minutes that showed in the last meeting fed governors and bank presidents were beginning the discussion of when to pull back on some of the monetary easing that they have been going through for the last several years. >> looking here at the tweet from bill gross. many participants concerned about further asset purchases. >> macy's and j.c. penney duking it out in court over which department has the right to sell martha stewart branded products. find out which retailer's stock you're better off shopping for. >> and speaking of fashion, mandy, would you like to dress like a postal worker? the post office is betting that you would. that's coming up. [ kitt ] yo
government efforts to protect the u.s. economy and supports jobs in the united states. >> guys, that's it from here. they are talking about this very much as a jobs issue. back to you. >> eamon, thank you very much. we'll see you later. heading towards the close. setting lows again for the day right now, mandy. the dow is down 101 points. the markets spooked by the fed minutes that showed in the last meeting fed governors and bank presidents were beginning the discussion of when to...
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Feb 21, 2013
02/13
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the u.s. postal service®, no business too small. >>> it is time. it is time for the "lightning round" on cramer's "mad money." rapid-fire calls, i don't know the calls or stock questions ahead of time. play until this sound -- and then the "lightning round" is over. are you ready skee-daddy? time for the "lightning round" on cramer's "mad money." dave in mississippi, dave? >> caller: hey, jim, big boo-yah to ya from columbus air force base in mississippi. my stock tonight is u.s. airways. >> i've been waiting for a pullback. i've been waiting for a pullback on this because this group has gotten hot. you're getting the pullback, i'd pull the trigger. bill in arkansas, please, bill? >> caller: boo-yah from the land of opportunity, advance auto parts. >> okay. i like advanced auto parts and i would be a buyer of it. let's go to keith in georgia, please. keith? >> caller: hey, jim, a big low country savannah, georgia, boo-yah to ya. >> wow. what's up? >> caller: i've been looking at coach, do you think it's time to buy on the recent weakness? >> i can'
the u.s. postal service®, no business too small. >>> it is time. it is time for the "lightning round" on cramer's "mad money." rapid-fire calls, i don't know the calls or stock questions ahead of time. play until this sound -- and then the "lightning round" is over. are you ready skee-daddy? time for the "lightning round" on cramer's "mad money." dave in mississippi, dave? >> caller: hey, jim, big boo-yah to ya from columbus air...
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Feb 21, 2013
02/13
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the discretionary part of the u.s. budge set skewed toward military spending and even though the iraq war is over and afghanistan is winding down, the defense department has not turned its back. judging by what they plan on going after in order to do so, 800,000 civilian jobs instead of huge overhead meant to fight the soviet union, japan and, germany, no matter that my old pal and partner, larry kudlow has a terrific piece on cnbc.com today, which points out the entire harm from the sequester this year might come to $44 million, and that's just a quarter of 1% of our gdp. my worries is that the fed will take notice and not do the wrong thing if we go over the sequestration cliff. we thank the conclusion of the payroll tax holiday, and the rising gas prices are weighing on the consumer. does d the fed see that this coming last month when things were rosier. is this when they bail on plans to help the economy and start hurting it? the fed chief is sticking by 6.5% unemployment goal. that's still a percent before the gre
the discretionary part of the u.s. budge set skewed toward military spending and even though the iraq war is over and afghanistan is winding down, the defense department has not turned its back. judging by what they plan on going after in order to do so, 800,000 civilian jobs instead of huge overhead meant to fight the soviet union, japan and, germany, no matter that my old pal and partner, larry kudlow has a terrific piece on cnbc.com today, which points out the entire harm from the sequester...
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Feb 28, 2013
02/13
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-- >> in the u.s. it's very unpleasant to be unemployed. so you know, make no mistake it is not a thing like germany where you can go many, many, many years with 100% full income replacement. these things expire after 75 weeks. they were shortened as of january 1st. and of the 12.5 million people unemployed do you know how many people actually receive unemployment insurance benefits? >> how many? >> 3? 3.5. so this is not a country -- >> 3.5 million. >> 3.5 million. so about a quarter of people who are unemployed get the benefit. so this is not a country where you can sit on the couch -- >> the reason that we're worried -- connect the dots in italy why we're now worried. the labor reforms that were going to happen based on having a stable government are not going to happen now and you're going to be stuck with no growth for 20 years. we don't want a labor situation -- >> italy had no growth for 15 years and everyone thought berlusconi was -- >> we don't want any of that. because, you can never -- you c
-- >> in the u.s. it's very unpleasant to be unemployed. so you know, make no mistake it is not a thing like germany where you can go many, many, many years with 100% full income replacement. these things expire after 75 weeks. they were shortened as of january 1st. and of the 12.5 million people unemployed do you know how many people actually receive unemployment insurance benefits? >> how many? >> 3? 3.5. so this is not a country -- >> 3.5 million. >> 3.5...
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Feb 14, 2013
02/13
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but here in the u.s., keeps working. and it's boring and clearly there's more cash to be put to work. >> it is boring. one thing that's not working right now is technology. and this is a sector i'm focused on. >> your top trade. >> yeah, my top trade. listen, this is hard-picking tops here, people, right? but at the end of the day, we have a lot of the super sectors in the s&p up 8-plus percent. look at the xlk, etf up 13%. no leadership here. i believe we're going to roll over pretty soon. i think we'll need a 5% sell off. i think tech -- >> is google working? >> google is one of the big ones that is working. >> and that's the one. if you look at amazon, look at apple. one takes it right from amazon, goes into apple or vice versa. and if you look at google, they're the recipient of all the money flow. >> yeah. >> no doubt. listen, there's very few things working well in technology. if you look at ibm a great example of a company th that beat -- filling the earnings. >> there ways to express a negative outlook on technol
but here in the u.s., keeps working. and it's boring and clearly there's more cash to be put to work. >> it is boring. one thing that's not working right now is technology. and this is a sector i'm focused on. >> your top trade. >> yeah, my top trade. listen, this is hard-picking tops here, people, right? but at the end of the day, we have a lot of the super sectors in the s&p up 8-plus percent. look at the xlk, etf up 13%. no leadership here. i believe we're going to roll...
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611
Feb 15, 2013
02/13
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gold is priced in u.s. dollars, so right now the u.s. dollar is seeing strength against the yen and the euro so we're having a positive -- sorry, a positive impact on the dollar and negative on gold. that has turned and can turn around very quickly, but, again, it's your long-term viewer, whether it's marc faber or someone else in terms of how you believe the ultimate solution to extremely high debt levels world wide is going to be resolved, and -- and there's, you know, a good argument that says the only way it's going to be resolved is through inflation. >> all right. leave it there. so good to have you on the program. thanks for stopping by today. appreciate your time. >> thank you. >> thank you. >> heading towards the close. we've got about 15 minutes left. the dow trading now down 5 points, was down 61 points led lower by the retailers after the walmart story got out, but we've come well off the lows. >> we have. >> down five points. looks like it's going positive. the clash of the titans is heating up again. >> i do not, as a great
gold is priced in u.s. dollars, so right now the u.s. dollar is seeing strength against the yen and the euro so we're having a positive -- sorry, a positive impact on the dollar and negative on gold. that has turned and can turn around very quickly, but, again, it's your long-term viewer, whether it's marc faber or someone else in terms of how you believe the ultimate solution to extremely high debt levels world wide is going to be resolved, and -- and there's, you know, a good argument that...
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Feb 15, 2013
02/13
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whether it is anemic u.s. growth and whether worldwide growth concerns, whether it is the tax hikes that kicked into effect this year and next due to obama care and recent fiscal cliff issue or budget issues coming up. those are substantial head wind and stocks perform largely in spice of those. i think investors are looking for return. stocks provided that, corporate earnings provided a foundation for stocks and so, those have basically offset concerns at this point in time. the major issue is going to be at what point do those concerns override the good feelings on equities and when do you get off of that ride? >> how do you know to get off? we talked michael about how to buy stocks wisely but what about selling stocks wisely? what is the indicators to you that now might be the time to take profit? >> i think the biggest indicator is a a reduction in the rate of growth of corporate earnings or complete fall-out. that would be substantial because that does provide support for dividend yields and also does pro
whether it is anemic u.s. growth and whether worldwide growth concerns, whether it is the tax hikes that kicked into effect this year and next due to obama care and recent fiscal cliff issue or budget issues coming up. those are substantial head wind and stocks perform largely in spice of those. i think investors are looking for return. stocks provided that, corporate earnings provided a foundation for stocks and so, those have basically offset concerns at this point in time. the major issue is...
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Feb 26, 2013
02/13
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presumably, the u.s. is doing the same kind of spying in china, but michelle van cleave says america has so much more to lose. >> i think we're a real candy store for the chinese and for others in terms of technology and commercial products or other proprietary information, and so we will always be the principal target for them. >> what is the most serious damage that ches
presumably, the u.s. is doing the same kind of spying in china, but michelle van cleave says america has so much more to lose. >> i think we're a real candy store for the chinese and for others in terms of technology and commercial products or other proprietary information, and so we will always be the principal target for them. >> what is the most serious damage that ches
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Feb 6, 2013
02/13
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more of a positive contagion fueled by, well, i can go on and on, but you could have substituted the u.s. for europe in any one of those instances, and the hacking is a big topic on the floor today. many people think, you know, just like everything the fed does, it was probably easier to get into that website than find an exit to get out. >> hotel california, as it were. >> yeah. >> steven wood, you've been following the international markets quite a bit. now, we all know that all the central banks around the world have the race to the bottom going on right now. does that make it easier to pick equities, for example, in japan where they are trying to devalue the yen at the same time? >> well, i mean, what's happening in japan right now it makes equities and securities much more interesting in japan. we're standing in the forefront of this global tidal wave of liquidity. the fed has really been a leader on this, but the europeans and my belief as well, it's more of a chronic condition. they are going to be remissions and there's flare-ups as well which we saw on monday but the europeans n
more of a positive contagion fueled by, well, i can go on and on, but you could have substituted the u.s. for europe in any one of those instances, and the hacking is a big topic on the floor today. many people think, you know, just like everything the fed does, it was probably easier to get into that website than find an exit to get out. >> hotel california, as it were. >> yeah. >> steven wood, you've been following the international markets quite a bit. now, we all know that...
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Feb 4, 2013
02/13
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they grew 3% in the u.s. and 3% in the rest of the world. analysts were looking for 4%, the rest of the world. but here's the outlook. because of what's happening in china, they are saying they were estimating a mid-single digit eps decline in 2013, versus a year ago. excluding special items. earlier, they guided to 10% eps growth. now they are saying because of the situation in china, mid-single digit eps decline. this includes an expectation for a significant decline in eps performance in the first half of the year. maria? >> all right, jane, thank you so much. we'll watch the stock. it is down better than 4% right now. 30 seconds on the clock and our next guests are going to tell us what to be prepared for tomorrow. joining me right now, rick fea , and bob phillips. gentlemen, good to have you on the program. rick, kick it off with you. 30 seconds on the clock. what are you watching for tomorrow? >> sure, we'll be watching the ten-year treasury, really. we see a yield under 1.95%, as possibly bringing more of an equity selloff into the ma
they grew 3% in the u.s. and 3% in the rest of the world. analysts were looking for 4%, the rest of the world. but here's the outlook. because of what's happening in china, they are saying they were estimating a mid-single digit eps decline in 2013, versus a year ago. excluding special items. earlier, they guided to 10% eps growth. now they are saying because of the situation in china, mid-single digit eps decline. this includes an expectation for a significant decline in eps performance in the...
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Feb 22, 2013
02/13
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here is the news, dow jones reporting the u.s. justice department and gulf coast states are thinking of offering bp $16 billion deal to settle civil claims related to the deadly 2010 deep water horizon incident. bp up 10%. thank you. >> talking about moving up, markets are moving higher. we will see how we goes into the close here. couple of down days. we will come back to the tune of 94 point to the dow. let's see if we can get back it 14,000. >>> and coming up next, boozy dose of hope yum to drown our slow down sorrows and more earnings. three things that every retail investor needs to know. before we go, most awesome video of the week. who said cheer leading isn't a sport. mine was earned in djibouti, africa, 2004. the battle of bataan, 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve the military, veterans, and their families is without equal. begin your
here is the news, dow jones reporting the u.s. justice department and gulf coast states are thinking of offering bp $16 billion deal to settle civil claims related to the deadly 2010 deep water horizon incident. bp up 10%. thank you. >> talking about moving up, markets are moving higher. we will see how we goes into the close here. couple of down days. we will come back to the tune of 94 point to the dow. let's see if we can get back it 14,000. >>> and coming up next, boozy dose...